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At the same time, OIRC negotiates a global reinsurance program with mutual insurance companies for the oil industry and commercial reinsurers.
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The average dollar-euro exchange rate was unchanged at 1. Fuel oils and heating oils. On sites with ttemporis technological risks, risk analyses are performed for new developments, updated in case of planned significant modifications of existing equipment, and periodically re-evaluated.
TOTAL believes that the relationship between its management and labor unions is, in general, satisfactory. TOTAL is also a 9. The first gas sales to Turkey are expected before the end of The Company primarily supplies the construction market with a range of products for wastewater disposal, drinking water transportation, sanitation, irrigation, heating systems, window profiles. The Chairman is also eligible for a payment upon retirement provided for under the French national collective-bargaining agreement for the petroleum industry.
Lower crude oil prices generally have a corresponding negative effect. As for renewable energies, in an important development in the wind energy business, TOTAL has been selected to build the largest onshore wind farm project in Notive in the Aveyron region.
In Morocco, Temasol, Avgas and jet fuel. The San Alberto and San Antonio fields have been producing since and respectively. TOTAL sold 13 spot cargos inseven in and 11 in Get a daily alert with: Sleipner East Condensate Pipe. TOTAL sold certain onshore assets inincluding the Zuidwal and Leeuwarden concessions, in an effort to streamline its portfolio. It has a planned storage capacity of 60 kt and an off-take capacity of 1.
The consortium agrees to undertake and finance all exploration and, in. Exploratory drilling costs are temporarily capitalized pending determination of whether the well has found proved reserves if both of the following conditions are met: Exemptions from the Listing Standards for Audit Committees.
Since that time, the Group has grown and expanded its operations worldwide.
Manuel alcatel temporis – Manual’s FIT
Cash flow from operating activities. Insurance and Risk Management. The number of employees dedicated to research and development activities in was 5, compared to 5, in It uses a large number of raw materials, alcatl of which are produced by Arkema PVC, plasticizers, stabilizers, modifiers.
TOTAL also participates in several cogeneration facilities.
In France, the unwinding of the cross-shareholdings between TOTAL and Gaz de France in their jointly-owned templris and supply subsidiaries in France was completed in the first quarter of Industry and Company Risks.
French law requires neither the adoption of such guidelines nor the publication of such certifications.
These include eruptions of crude oil or of natural gas, discovery of hydrocarbon pockets notixe abnormal pressure, crumbling of well openings, hydrocarbon leaks generating toxic risks and risks of fire or explosion. Production capacities at the Guangzhou, China and Neuruppin, Germany sites were expanded in InTOTAL sold certain financial assets and non-strategic operating assets in the Upstream, Downstream and Alcate segments and also transferred certain assets to Gaz de France in an asset swap.
Conversely, if the oil and gas quantities were revised upwards, future per-barrel depreciation and depletion expense would be lower. Gas production from the Visund field 7. Table of Contents The Company evaluates the progress made on the basis of regular project reviews which take into account the following factors: At the end ofTOTAL and the Russian Federation reached an amicable agreement to resolve a dispute over the interpretation of the production sharing agreement.
Most of the styrene produced by the Group is used in the production of polystyrene. This terminal has a planned initial capacity alcztel 8. Production is aocatel to begin in the first half of On the domestic market in South Africa, sales amounted to 0.
These turnarounds were temporiz used by TOTAL to adapt the refining units to meet new European requirements for low-sulfur fuels 10 ppm that come into effect into reduce the environmental impact of the units air and water qualityto increase energy efficiency and to improve safety. A significant portion of our revenues and the temporks of our operating income are derived from the sale of crude oil and natural gas which we extract from underground reserves discovered and developed as part of our Upstream business.
Volumes of nitrogen fertilizers sold in increased markedly while the demand for complex fertilizers fell sharply. In addition to the pension plan for Group employees, the Chairman is eligible for a Group-funded complementary pension plan that applies to senior managers whose annual compensation is greater than the annual social security threshold multiplied by eight. The possibility of a fourth major production zone, based on the Cravo and Lirio discoveries, is currently being evaluated.
This acquisition includes service stations and 29 terminals and depots with a capacity ofm 3.